This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 2-bathroom apartment of 131 m², built in 2007, energy rating B. Located on rua Professor Ofélia da Cruz Costa, 787, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: Enjoy panoramic sea views from both the living room and master bedroom, complemented by abundant natural light and a tranquil neighborhood atmosphere. Energy Performance: Energy Certification - 'B-'.
The valuation. The asking price of €490,000 is significantly above fair value at €401,351, representing a discrepancy of €88,649 (18.1%). This property is clearly overpriced in the current market.
Fair value modelled at €401,351 from the area baseline, adjusted for condition and location. Asking €490,000 sits €88,649 (18.1%) above — overpriced versus fair value.
Asking €490,000 versus the rua Professor Ofélia da Cruz Costa, 787 area baseline of €433,610 (€3,310/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 78 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Professor Ofélia da Cruz Costa, 787
Area baseline €433,610 + condition +€9,211 + location +€27,698 = modelled fair value of €401,351 (€3,064/m²), a €88,649 (18.1%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Professor Ofélia da Cruz Costa, 787 | Subject | €490,000 | €3,740 | — | 80 | 69 |
| Perafita, Lavra e Santa Cruz do Bispo · 4a81d5 | Active | €485,000 | €3,943 | 5.4% | 77 | 72 |
| travessa de Miguel Duarte Caturro, 50 | Active | €480,000 | €2,791 | 25.4% | 78 | 68 |
| Perafita, Lavra e Santa Cruz do Bispo · 956916 | Active | €375,000 | €3,319 | 11.3% | 70 | 68 |
| Perafita, Lavra e Santa Cruz do Bispo · 49b894 | Active | €468,000 | €4,415 | 18.0% | 80 | 68 |
| Median comp | €474,000 | €3,631 | 2.9% | 78 | 68 |
Long-term rental The 2-bed apartment in Perafita is priced at €490,000, which represents an 18.1% gap above its fair value of €401,351, making it a less attractive opportunity for long-term rental. With a gross yield of only 2.6%, the return on investment is unfavorable compared to the average market performance. Family rental At €490,000, this property is overpriced, given its valuation at €401,351, indicating a gap that could deter families looking for affordable long-term housing. The average neighborhood rating of 69/100 suggests that while the area has potential, the high entry price may limit family interest. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy is precarious given its current price of €490,000 versus a fair value of €401,351, signaling a potential decline in capital appreciation. The low yield of 2.6% further indicates that holding onto this asset may not generate sufficient cash flow to justify the high acquisition cost.
Economic and Tenant Instability Risk The property may experience challenges in rent collection and tenant turnover due to both the economic and tenant stability scores being at 65/100, indicating a potentially volatile rental market.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
